Cornerstone Insurance posts 47% drop in annual profit
Cornerstone Insurance Plc has reported a profit after tax of N2.19 billion for the financial year 2020, down by 47
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Author: Markets Reporters
NNPC assures Egbin power station of increased gas supply
The Nigerian National Petroleum Corporation has assured Egbin Power Plc of increased supply of gas in a bid to boost
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Naira slumps to record low against dollar
The Nigerian currency fell to a record low on the official market on Friday, with lenders quoting it 7.7 percent
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Unilever Nigeria to transfer tea business to new company
Unilever Nigeria Plc announced on Friday that its Board of Directors had approved the steps required to implement the separation
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Nigerian Breweries’ CEO steps down, successor announced
Nigerian Breweries Plc has announced the resignation of its Managing Director/Chief Executive Officer, Mr Jordi Borrut Bel, effective July 30,
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Don’t let incompetence become your Titanic
By Harvey Mackay The Titanic was state-of-the art. No expense had been spared to make sure that it would be
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Companies paid N393bn in taxes to Nigerian govt in Q1: NBS
The company income tax paid to the Nigerian government rose to N392.77 billion in the first quarter of this year
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Airtel Africa’s profit rises as revenue hits $3.91bn
Airtel Africa Plc reported on Wednesday a profit after tax of $415m for the year ended Mar. 31, 2021, up
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[UPDATED] TCN says Nigeria’s power grid restoration ongoing
The Transmission Company of Nigeria has said the restoration of the country’s power grid, which collapsed on Wednesday morning, is
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Nigeria’s debt-to-revenue ratio ‘alarmingly high’, says FDC
While Nigeria has a low debt to GDP ratio of 34.4 percent, its debt to revenue ratio is alarmingly high
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